{"id":70191,"date":"2019-03-08T06:54:09","date_gmt":"2019-03-08T12:54:09","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=70191"},"modified":"2019-03-08T08:58:46","modified_gmt":"2019-03-08T14:58:46","slug":"70191","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=70191","title":{"rendered":"Creative Destruction"},"content":{"rendered":"\n<p>I never, ever thought I&#8217;d write this. <\/p>\n\n\n\n<p>Blockbuster &#8211; a video chain that spawned a few billionaires, a corporation that was once listed in the same breath with the likes of Microsoft as being &#8220;maybe too big&#8221;&#8230;<\/p>\n\n\n\n<p>&#8230;is down to one store.  <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnn.com\/2019\/03\/06\/business\/last-blockbuster-on-the-planet-trnd\/index.html\">Just one<\/a>. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p> At its prime in the early 2000s, Blockbuster boasted more than&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnn.com\/2013\/11\/06\/tech\/gaming-gadgets\/blockbuster-video-stores-impact\/index.html\" target=\"_blank\">9,000 stores<\/a>&nbsp;across the nation.<br>Popular among movie watchers and video game renters, people flocked to Blockbuster to find flicks or games to unwind with. But the company&#8217;s business model soon became stale when Netflix and Redbox started providing on-demand digital services.<br>In 2010, Blockbuster declared bankruptcy and was bought by Dish Network. Soon after, Blockbuster began closing its doors, though some franchise locations tried to stick it out.<br>By April 2017, only 10 Blockbuster stores remained in the US.<br><br>Against all odds, the location in the small town of Bend has persevered.<br>&#8220;We&#8217;re proud to still be open,&#8221; Harding said.<br><br><\/p><cite><a href=\"https:\/\/www.cnn.com\/2019\/03\/06\/business\/last-blockbuster-on-the-planet-trnd\/index.html\">Via CNN<\/a><\/cite><\/blockquote>\n\n\n\n<p>Free markets have a way of dealing with companies that are &#8220;too big&#8221;.   And I suspect the Blockbuster in Bend will do a booming business being&#8230;it.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>I never, ever thought I&#8217;d write this. Blockbuster &#8211; a video chain that spawned a few billionaires, a corporation that was once listed in the same breath with the likes of Microsoft as being &#8220;maybe too big&#8221;&#8230; &#8230;is down to one store. Just one. At its prime in the early 2000s, Blockbuster boasted more than&nbsp;9,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":["post-70191","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/70191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70191"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/70191\/revisions"}],"predecessor-version":[{"id":70193,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/70191\/revisions\/70193"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70191"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}